Scott A summarizes the rationale behind meritocracy. There's a few other areas than prog. that's meritocratic. http://slatestarcodex.com/2017/07/24/targeting-meritocracy/ …pic.twitter.com/yeqPRMbt36
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They r not effective for the price bc they don't work & cost a fortune. Your prior in the rationality of market+companies is far too strong.
Its basically just not thinking I know better than vast amount of smart people whose job it is to be smart about these things.
You probably do know better than the vast amounts of smart social psychologists out there, do you not? ;)
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